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Raise Production

DB:0P9
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0P9
DB
CA$6M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Raise Production Inc., an oilfield service company, develops artificial lift technologies for deviated and horizontal oil and gas wells in Canada and the United States. The last earnings update was 137 days ago. More info.


Add to Portfolio Compare Print
  • Raise Production has significant price volatility in the past 3 months.
0P9 Share Price and Events
7 Day Returns
-69.3%
DB:0P9
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-4.2%
DB:0P9
-57.2%
Europe Energy Services
-20.9%
DE Market
0P9 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Raise Production (0P9) -69.3% -50.5% -74.4% -4.2% -82.6% -96.4%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 0P9 outperformed the Energy Services industry which returned -57.2% over the past year.
  • 0P9 outperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
0P9
Industry
5yr Volatility vs Market

Value

 Is Raise Production undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Raise Production. This is due to cash flow or dividend data being unavailable. The share price is €0.023.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Raise Production's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Raise Production's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0P9 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.03
TSXV:RPC Share Price ** TSXV (2020-04-06) in CAD CA$0.05
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Raise Production.

DB:0P9 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:RPC Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.03

-1.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Raise Production is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Raise Production is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Raise Production's expected growth come at a high price?
Raw Data
DB:0P9 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Raise Production, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Raise Production's assets?
Raw Data
DB:0P9 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$0.05
TSXV:RPC Share Price * TSXV (2020-04-06) in CAD CA$0.05
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:0P9 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:RPC Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.05

0.98x

* Primary Listing of Raise Production.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Raise Production is overvalued based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Raise Production's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Raise Production has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Raise Production expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Raise Production has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Raise Production expected to grow at an attractive rate?
  • Unable to compare Raise Production's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Raise Production's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Raise Production's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:0P9 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0P9 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0P9 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 1 -2 -4
2019-06-30 1 -2 -3
2019-03-31 0 -2 -3
2018-12-31 0 -2 -3
2018-09-30 1 -2 -2
2018-06-30 0 -2 -2
2018-03-31 0 -2 -2
2017-12-31 0 -2 -2
2017-09-30 0 -2 -2
2017-06-30 0 -2 -2
2017-03-31 0 -2 -2
2016-12-31 0 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Raise Production is high growth as no earnings estimate data is available.
  • Unable to determine if Raise Production is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0P9 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Raise Production Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0P9 Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.03
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Raise Production will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 0P9’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Raise Production's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Raise Production's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Raise Production's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Raise Production has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Raise Production performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Raise Production's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Raise Production does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Raise Production's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Raise Production's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Raise Production's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Raise Production Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0P9 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 0.80 -3.65 2.29 0.17
2019-06-30 0.57 -2.58 2.34 0.16
2019-03-31 0.40 -2.57 2.33 0.16
2018-12-31 0.34 -2.55 2.31 0.16
2018-09-30 0.50 -2.43 2.32 0.17
2018-06-30 0.45 -2.28 2.14 0.18
2018-03-31 0.47 -2.19 2.08 0.14
2017-12-31 0.33 -2.02 1.91 0.10
2017-09-30 0.12 -1.76 1.53 0.06
2017-06-30 0.15 -1.65 1.39 0.07
2017-03-31 0.17 -1.62 1.33 0.09
2016-12-31 0.22 -1.70 1.42 0.09
2016-09-30 0.22 -1.73 1.56 0.03
2016-06-30 0.28 -1.71 1.67 -0.02
2016-03-31 0.20 -1.75 1.72 -0.05
2015-12-31 0.17 -1.79 1.75 -0.05
2015-09-30 0.21 -1.80 1.77
2015-06-30 0.17 -1.83 1.75
2015-03-31 0.14 -1.72 1.67
2014-12-31 0.18 -1.69 1.63
2014-09-30 0.21 -1.47 1.51 -0.07
2014-06-30 0.21 -1.94 1.56 -0.07
2014-03-31 0.31 -1.97 1.64 -0.07
2013-12-31 0.26 -2.59 1.89 0.28
2013-09-30 0.15 -4.57 2.45 0.58
2013-06-30 0.09 -4.80 2.86 0.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Raise Production has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Raise Production has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Raise Production improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Raise Production's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Raise Production has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Raise Production's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Raise Production's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Raise Production is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Raise Production's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Raise Production's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Raise Production Company Filings, last reported 6 months ago.

DB:0P9 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 5.80 2.21 1.47
2019-06-30 7.48 0.00 0.86
2019-03-31 7.99 0.00 1.30
2018-12-31 8.49 0.00 2.01
2018-09-30 9.23 0.00 2.69
2018-06-30 9.77 0.00 3.36
2018-03-31 6.77 0.00 0.33
2017-12-31 7.14 0.00 0.73
2017-09-30 7.57 0.00 1.28
2017-06-30 8.05 0.00 1.78
2017-03-31 8.54 0.00 2.41
2016-12-31 6.69 0.00 0.78
2016-09-30 7.11 0.00 1.28
2016-06-30 7.46 0.00 1.89
2016-03-31 7.86 0.00 2.69
2015-12-31 8.19 0.00 3.00
2015-09-30 8.62 0.00 3.84
2015-06-30 8.92 0.00 4.43
2015-03-31 6.52 0.00 2.52
2014-12-31 6.72 0.00 3.14
2014-09-30 7.17 0.00 4.18
2014-06-30 7.54 0.00 5.22
2014-03-31 7.87 0.00 6.12
2013-12-31 6.94 0.00 5.25
2013-09-30 2.71 0.00 1.75
2013-06-30 3.20 0.00 2.07
  • Raise Production's level of debt (38.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 38.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Raise Production has less than a year of cash runway based on current free cash flow.
  • Raise Production has less than a year of cash runway if free cash flow continues to reduce at historical rates of -8.6% each year.
X
Financial health checks
We assess Raise Production's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Raise Production has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Raise Production's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Raise Production dividends.
If you bought €2,000 of Raise Production shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Raise Production's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Raise Production's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0P9 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Raise Production has not reported any payouts.
  • Unable to verify if Raise Production's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Raise Production's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Raise Production has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Raise Production's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Raise Production afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Raise Production has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Raise Production's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eric Laing
COMPENSATION CA$205,042
TENURE AS CEO 8.8 years
CEO Bio

Mr. Eric Norman Laing has been the Chief Executive Officer and President of Raise Production Inc (formerly Global Energy Services Ltd.) since July 2011 and serves as its Chairman of the Board. Mr. Laing served as the President and Chief Executive Officer of Stellarton Technologies Inc. Mr. Laing has over 30 years of industry experience in a diverse background in oilfield services with major companies such as Otis Engineering (A Halliburton Company), Schlumberger Oilfield Services and as a founding partner in Secure Oil Tools. His appointment marks a commitment from the Directors to more aggressively pursue opportunities within the down-hole and production optimization segments of the service industry by diversifying and enhancing the Global product and service offerings. Mr. Laing worked in field positions in the North Sea, USA and South East Asia for seven years. Mr. Laing then spent 18 months at Schlumberger as Global Business Development Manager to transition the Secure product line into the Schlumberger organization. Mr. Laing joined Stellarton (formerly the optimization division of VaporTech Energy Services Inc.) in 2002. He has been a Director of Raise Production Inc since June 12, 2013. Mr. Laing earned an HNC in Science from Robert Gordon's in Aberdeen.

CEO Compensation
  • Eric's compensation has increased whilst company is loss making.
  • Eric's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Raise Production management team in years:

7.2
Average Tenure
  • The average tenure for the Raise Production management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Eric Laing

TITLE
Chairman of the Board
COMPENSATION
CA$205K
TENURE
8.8 yrs

Susan Scullion

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$181K
TENURE
7.2 yrs

Geoff Steele

TITLE
Chief Technical Officer
COMPENSATION
CA$170K

Tom Kehoe

TITLE
Director & Head of Investor Relations
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Raise Production board of directors in years:

1.5
Average Tenure
51
Average Age
  • The average tenure for the Raise Production board of directors is less than 3 years, this suggests a new board.
Board of Directors

Eric Laing

TITLE
Chairman of the Board
COMPENSATION
CA$205K

Tom Kehoe

TITLE
Director & Head of Investor Relations
TENURE
1.7 yrs

Dell Chapman

TITLE
Independent Director
AGE
62
TENURE
8.6 yrs

Ken Zinger

TITLE
Independent Director
TENURE
7.5 yrs

Dan Newman

TITLE
Independent Director
TENURE
1.3 yrs

Rick McHardy

TITLE
Independent Director
AGE
50
TENURE
0.6 yrs

Al Stark

TITLE
Independent Director
AGE
51
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Raise Production's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Raise Production has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Raise Production Inc., an oilfield service company, develops artificial lift technologies for deviated and horizontal oil and gas wells in Canada and the United States. It operates through Raise Efficient Artificial Lift (REAL) System, Horizontal Artificial Recovery Technology (HART), and Engineering Project Consulting segments. The company offers REAL system that provides an artificial lift solution for the build and vertical section of a horizontal wellbore. Its REAL system includes the high angle reciprocating pump with the addition of various downhole tools, such as horizontal separation, sand control, velocity flow tubes, and pack off assemblies for flow control. The company is also developing HART system, an artificial lift solution for the lateral section of a horizontal wellbore, which consists of multiple pumps running in parallel along the horizontal wellbore to access trapped or stranded reserves and draw fluid from the toe area of the wellbore. In addition, it provides engineering services for the design and development of artificial lift products. The company was formerly known as Global Energy Services Ltd. and changed its name to Raise Production Inc. in November 2011. Raise Production Inc. was incorporated in 1993 and is based in Calgary, Canada.

Details
Name: Raise Production Inc.
0P9
Exchange: DB
Founded: 1993
CA$3,724,661
113,582,673
Website: http://www.raiseproduction.com
Address: Raise Production Inc.
58th Avenue SE,
Suite 2620,
Calgary,
Alberta, T2C 1G5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV RPC Voting Class A Common Shares TSX Venture Exchange CA CAD 13. Jun 1994
OTCPK GLKF.F Voting Class A Common Shares Pink Sheets LLC US USD 13. Jun 1994
DB 0P9 Voting Class A Common Shares Deutsche Boerse AG DE EUR 13. Jun 1994
Number of employees
Current staff
Staff numbers
0
Raise Production employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 23:51
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2019/11/21
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.